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30-10-2014 23:52:00 | by: Administrator | hits: 27702346 | Tags:

Foodics grows MENA footprint with acquisition of provider of restaurant cloud technology POSRocket
12-01-2022 | 12:35:56
The acquisition is a strategic move by the two companies and allows Foodics to consolidate itself in the market, as well as to assume market leadership in Egypt, Kuwait , Oman and Jordan, in addition to the dominant position it already held in the rest of the GCC.
Eni awarded five exploration licenses in Egypt
11-01-2022 | 08:14:57
Eni has been awarded five new exploration licenses by the Egyptian Ministry of Petroleum.
EAC partner states working towards adopting the EACPass to minimize cross-border trade impasse
11-01-2022 | 08:13:00
This happens in the background of an ongoing trade impasse at the Kenya-Uganda border points of Busia and Malaba that has disrupted cross-border trade. The two borders on the Northern Corridor also serve Burundi, the Democratic Republic of Congo, Rwanda and South Sudan.
GMG to open more than 100 stores in Egypt by 2026
11-01-2022 | 08:11:33
The company will introduce its portfolio of brands focused on personal well-being as part of its wider international expansion, outlined last October in a new corporate strategy promoting healthier and more active lifestyles through its offerings.
Morocco and China sign joint belt and road implementation plan
06-01-2022 | 14:51:25
The minister also highlighted the fact that Morocco was the first country in the Maghreb and among the first in Africa to adhere to the Belt and Road initiative, hence raising the Moroccan-Chinese strategic partnership to a new higher level.
Dutch development bank FMO extends €5 million credit facility to support Côte d'Ivoire women and MSMEs in the cassava value chain
06-01-2022 | 14:48:53
This financing from FMO will strengthen Fin'ELLE's position in meso finance and thus continue to facilitate access to credit for many women entrepreneurs and SMEs active in agricultural value chains, with a strong social and environmental impact.
Private securities and crowdfunding surge to continue in 2022, report
06-01-2022 | 14:45:35
According to Pitchbook data, global crowdfunding exploded from $8.61 billion in 2020 to $113.52 billion last year – a 1,021% increase.
[Column] Zion Adeoye: Repositioning Africa under the AfCFTA
05-01-2022 | 14:23:00
Established in 2018, the African Continental Free Trade Area (AfCFTA), represents perhaps Africa’s biggest opportunity for the next few decades in its battle against poverty of all forms, energy and infrastructure included.
[Column] NJ Ayuk: Why we need African energy banks now
05-01-2022 | 14:20:59
For more than a year, the African Energy Chamber has been pushing back against steadily building pressure to halt new foreign investments in Africa’s oil and gas industry.
World Mobile, Altaeros partner to launch aerostat balloons to connect Africa
04-01-2022 | 13:17:00
World Mobile, the first mobile network built on blockchain and run by the people, partners with Altaeros, developers of the world’s first autonomous aerostats, to connect the unconnected.
Abu Dhabi holding company ADQ deepens investment in Egypt with new office
04-01-2022 | 13:15:00
The opening of ADQ’s new office complements the $20 billion (AED 73 billion) strategic investment platform launched in 2019 between ADQ and The Sovereign Fund of Egypt (TSFE).
IFC and Proparco invest in bedding maker Dolidol, supporting job creation in Morocco and Nigeria
04-01-2022 | 13:12:00
The financing will support Dolidol's entry into Nigeria, where it plans to purchase Mouka, the country's leading mattress and bedding supplier. Dolidol will also strengthen its distribution network in Nigeria and improve the quantity and quality of bedding products available there. IFC's financing package will be accompanied by advisory services to improve productivity.
Digital Realty to acquire majority stake in Africa’s largest data centre services provider Teraco
04-01-2022 | 13:05:00
Based in Johannesburg and established in 2008, Teraco is Africa’s largest data centre services provider. The company offers vendor-neutral colocation and other related services in secure and resilient data centres.
Xcelerate acquires controlling interest in Tanzania virtual health startup AfiyaSasa Africa
04-01-2022 | 13:00:00
Xcelerate, Inc. has signed a Membership Interest Purchase Agreement to acquire a 51% interest in AfiyaSasa Africa, LLC, ASA, a start-up medical technology and virtual health company.
[Kenya] NSE joins the UN SSE Sustainable Derivatives Network
03-01-2022 | 15:04:46
NSE’s collaboration with and contributions to the UN’s SSE Initiative reiterates its commitment to building a new kind of finance, shifting paradigms to support a new world view.
[Ghana] Aqua Africa and LMI Logistics enter warehousing agreement
29-12-2021 | 12:05:00
Aqua Africa has signed a logistics and warehousing partnership agreement with LMI Logistics for a 1,880 sqm of storage space lease in Tema-Ghana.
Turkish builder signs $1.9b railway construction deal with Tanzania
29-12-2021 | 11:33:56
Turkish construction giant, Yapi Merkezi, has signed a $1.9billion contract with Tanzania to build the 368 km third phase of a planned railway.
APA Corporation to invest $3.5bn in oil exploration in Egypt
29-12-2021 | 10:56:00
The Minister of Petroleum and Mineral Resources has signed an agreement with the Egyptian General Petroleum Corporation and American Apache to invest $3.5bn on exploration, development and production in the concession areas of the Western Desert.
Egyptian copper exports rise by 130% in 2021
27-12-2021 | 12:01:00
Egypt’s copper exports rose 130 percent in 2021 between January and October, the country’s Export Council for Building Materials said in its latest report.
AM Best affirms credit ratings of Continental Reinsurance Nigeria
24-12-2021 | 08:15:13
The outlook of these Credit Ratings is stable.
[East Africa Business Week] Bob Koigi: Bridging digital divide, bolstering regional connectivity
23-12-2021 | 13:37:00
As the internet increasingly redefines human relations and penetration takes shape across Africa, the East African region is tapping into the numerous benefits that comes with connectivity.
TerraPay partners with FloCash to enable cross border business payments in Middle East and Africa
23-12-2021 | 09:45:16
TerraPay, a global payments infrastructure company, has partnered with Flocash, a provider of payment services powering ecommerce in Middle East & Africa, for large cross-border business payments.
Vale sells its Mozambique coal assets for $ 270 million
23-12-2021 | 09:38:52
The Closing of the transaction is subject to the satisfaction of customary conditions precedent, including the approval of the Ministry of Mineral Resources and Energy of Mozambique.
Visa completes acquisition of global payments solution company Currencycloud
22-12-2021 | 16:33:17
Visa has announced it has completed the acquisition of Currencycloud, a global platform that enables banks and fintechs to provide innovative foreign exchange solutions for cross-border payments.
IFC, Fidson Healthcare partner to develop Nigeria’s pharmaceutical production capacity
22-12-2021 | 14:02:00
To support Africa's goal of strengthening its production of medicines and reducing its rneliance on imports, IFC and Nigeria's Fidson Healthcare have partnered to develop Nigeria's capacity to produce active pharmaceutical ingredients (APIs).
AfDB grants $1.5 million to Smart Africa Alliance to strengthen the policy environment for digital trade and e-commerce across Africa
22-12-2021 | 11:12:53
The Board of Directors of the African Development Bank Group has approved a $1.5 million grant to assess policy gaps in the digital trade and e-commerce ecosystems in 10 countries in Africa.
UNESCO, Huawei and the Government of Kenya launch the DigiSchool pilot project on school connectivity
22-12-2021 | 11:10:32
During the launch ceremony, the connection to the Internet was tested by setting up a virtual meeting which enabled participants in the 13 connected schools to interact virtually.
Acer announces senior management changes for Middle East and Africa region
22-12-2021 | 11:07:16
Acer has also appointed Michele Montecchio as Country Manager for Middle East (ME) effective from 1 January, 2022 following the decision of Paul Collins who, after a successful tenure of driving the Acer Middle East and Africa business for 7 years, has decided to retire.
JCR Rating Agency announces Afreximbank international-scale long term issuer rating of A-, outlook stable
21-12-2021 | 07:18:00
The African Export-Import Bank (Afreximbank) has received an inaugural international-scale long term issuer rating of A- with a stable outlook from the Japan Credit Rating Agency (JCR).
Zimbabwean government grants land to Afreximbank for construction of the Africa Trade Centre
21-12-2021 | 07:09:00
The African Export-Import Bank (Afreximbank) has been granted land in Harare by the Zimbabwean Government to build a landmark centre for facilitating intra-African trade.
African Development Fund grants $1.5m to strengthen policy environment for digital trade and e-Commerce across Africa
20-12-2021 | 11:31:00
The African Development Bank Group approved a $1.5 million grant to assess policy gaps in the digital trade and e-Commerce ecosystems in 10 countries in Africa.
World Mobile partners with Zanzibar’s Ministry of Education and Vocational Training to boost connectivity
17-12-2021 | 14:35:45
Roll out will be achieved through a close collaboration between World Mobile and the Ministry of Education and Vocational Training to install solar, telco and power equipment efficiently in schools. 
[East Africa Business Week] Bob Koigi: East Africa positions itself as investment destination of choice
17-12-2021 | 14:24:00
The East African community continues to live up to its billing as a prime investment destination for investors.
DPO Group partners with Amadeus to offer mobile money payments for international airline customers across Africa
16-12-2021 | 14:37:00
Amadeus, a global player in travel technology, has partnered with pan-African digital payments company, DPO Group, to enable digital payments for regional and international airlines.
[Rwanda] FBW Group to deliver $5 million Kigali school campus masterplan
16-12-2021 | 14:24:55
Architecture and engineering firm FBW Group is working with the International School of Kigali (ISK) to create a 21st Century 'green' campus in the Rwandan capital.
Burkina Faso signs ATI’s Participation Agreement
16-12-2021 | 09:15:00
The Government of Burkina Faso signed the Participation Agreement with the African Trade Insurance Agency (ATI), a condition precedent to the disbursement of €15 million by the European Investment Bank for Burkina Faso’s Membership in ATI.
African mobility fintech Moove enters Kenyan market, broadens vehicle financing to bikes and trucks
15-12-2021 | 11:32:10
Moove, an African mobility fintech, has launched operations in Nairobi, its first city in East Africa and sixth on the continent.
Chevron, Equatorial Guinea sign productions sharing contract for Block EG09
10-12-2021 | 12:16:27
American multinational energy corporation Chevron has signed an agreement with the government of Equatorial Guinea for Block EG09 – located in the Douala Basin on the border of Cameroon.
Africa poised to become fastest-growing and most sophisticated market in the world, Kearney Global Retail Development Index
09-12-2021 | 16:19:40
Global management consultancy firm Kearney has released its 2021 Global Retail Development Index (GRDI), finding significant potential for investors and international retailers amongst emerging retail markets.
Visa launches Crypto Advisory services to help partners navigate era of money movement
09-12-2021 | 11:36:07
This comes at a moment when digital currencies are taking greater hold in the popular consciousness.
Senegal joins the African Trade Insurance Agency as the 20th Member State
09-12-2021 | 11:15:33
The Republic of Senegal has joined the African Trade Insurance Agency (ATI) as its 20th Member State with a subscribed capital contribution of €15 million, following financial support from the European Investment Bank (EIB).
DHL Global Forwarding étend sa présence en Algérie avec de nouveaux bureaux à Alger et Hassi Messaoud
08-12-2021 | 14:13:00
Les clients de DHL Algérie auront accès à la plateforme logistique numérique Saloodo!, à l’intégralité de la gamme des services de courtage en douane CDZ et à des projets sectoriels
DHL Global Forwarding expands presence in Algeria with new offices in Algiers and Hassi Messaoud
08-12-2021 | 11:18:00
DHL Global Forwarding, the international provider of air, ocean, and road freight services, announced it is opening an office in Algiers to meet the growing demand for transport and logistics solutions in Algeria and across North Africa.
Mastercard and ProgressSoft partner to simplify remittance solutions across Middle East and North Africa
08-12-2021 | 09:33:54
With Mastercard Cross-Border Services, financial service providers can seamlessly process digital payments leveraging its global network through a single connection.
IHG Hotels & Resorts further expands into Egypt with signing of InterContinental Cairo New Capital
08-12-2021 | 09:28:06
Scheduled to open in early 2026, this signing reinforces IHG’s commitment to growing its brand portfolio in the country and solidify its presence in the luxury and lifestyle segment in the region.
USTDA partners with Africa Investment Forum to support infrastructure solutions for sub-Saharan Africa
07-12-2021 | 11:40:14
The U.S. Trade and Development Agency (USTDA) launched a Memorandum of Understanding with the African Development Bank’s Africa Investment Forum (AIF) to support high-quality infrastructure solutions for sub-Saharan Africa.
Global digital infrastructure company Equinix acquires Nigeria’s Mainone for $320 million
07-12-2021 | 10:04:00
The acquisition is expected to close Q1 of 2022, subject to the satisfaction of customary closing conditions including the requisite regulatory approvals.
Abu Dhabi's Chimera invests $100 million in Gemini Global Development Egypt
07-12-2021 | 08:10:55
Egyptian businessman CEO and Chairman of Ora Developers, Naguib Sawiris has announced the signing of an investment deal with Abu Dhabi’s Chimera whereby Chimera, through its subsidiary, will subscribe to a capital increase in Gemini Global Development Egypt (“Gemini”) in return for a significant minority equity stake in Gemini.
TDB Group and ALSF sign agreement to build the capacity of public sector lawyers in Africa
07-12-2021 | 08:08:06
The Eastern and Southern African Trade and Development Bank Group (TDB Group) and the African Legal Support Facility (ALSF) have signed a Memorandum of Understanding (MoU) to cooperate on the development and delivery of capacity building training programs for public sector lawyers in Africa.
Binance educates over 400,000 Africans on cryptocurrency, expands to Francophone Africa
06-12-2021 | 09:04:33
As Binance continues its mission to increase the freedom of money for users, drive blockchain adoption and enable greater accessibility, it remains dedicated to crypto education globally.
[Nigeria Business Week] Andrea Ayemoba: Industries unanimously look toward renewable, sustainable practices
03-12-2021 | 12:13:00
The Covid-19 crisis has been cause for numerous economic slumps round the world; companies were shut down, production halted, industries crippled and prices skyrocketed the world over.
OPEC Fund extends $80 million loan to Afreximbank to boost regional integration in Africa
03-12-2021 | 07:15:51
The OPEC Fund’s support will assist in boosting Afreximbank’s liquidity to grow its loan portfolio as it finances exports and imports in critical sectors across Africa such as agriculture, manufacturing and healthcare.
[Tanzania] Tech Mahindra partners with TANESCO to drive digital transformation and improve efficiency
02-12-2021 | 08:03:13
Tech Mahindra, a provider of digital transformation, consulting and business re-engineering services & solutions, has partnered with Tanzania Electric Supply Company Ltd. (TANESCO) for one of the biggest Utility Transformation deals.
DriveWealth partners with Hisa Technologies to expand access to investing and financial literacy in Kenya
02-12-2021 | 08:00:13
Leveraging DriveWealth’s real-time fractional trading technology, Hisa users can invest in fractional shares of U.S. stocks, while benefiting from educational content such as news, podcasts, and user generated discussions geared toward improving financial health directly through the app.
Burger King opens first outlet in Nigeria
01-12-2021 | 10:02:00
American multinational fast food chain Burger King has opened its first outlet in Nigeria in partnership with local firm Allied Food & Confectionary Services Limited.
Kenyan e-pharmacy platform MYDAWA receives $1.2 million funding in fight against HIV & AIDS
01-12-2021 | 09:43:03
This grant is aimed at increasing access to PrEP (Pre-Exposure Prophylaxis) services through MYDAWA’s award winning e-pharmacy model, supporting the fight against HIV& AIDS in Kenya.
Swire Energy Services partners with Cox & Young Resources to supply offshore containers in Ghana
01-12-2021 | 07:04:08
The multi-year agreement will focus on the supply of offshore containers and supplementary services to support the developing energy market in Ghana.
Accor expands Africa footprint with the opening of Novotel & Novotel Living Conakry, Guinea
30-11-2021 | 16:35:08
Accor is collaborating with KAKANDE-IMMO, a real estate subsidiary of GUICOPRES Group, who’s Chairman and CEO is Mr Kerfalla Camara, also known as KPC in his country.
Global bamboo market to reach $82.90 billion by 2028, report
30-11-2021 | 16:30:48
The global bamboo market size is expected to reach $82.90 billion by 2028. It is expected to expand at a compound annual growth rate, CAGR, of 5.7% from 2021 to 2028 according to a new report by Research and Markets.
Vodacom Business expands Cloud Connect offering to support business needs across Africa
30-11-2021 | 13:12:39
Cloud Connect provides businesses with a secure, private, high performance, high availability connection to leading public cloud service providers, including Microsoft Azure and Amazon Web Services.
Zanzibar is the latest investment destination for Kenyan investors
30-11-2021 | 12:30:00
According to German real estate firm CPS, Kenyan investors form 30 per cent of all investors betting on the island nation.
IFC, WTO partner to enhance cooperation on trade finance
30-11-2021 | 11:05:00
World Trade Organization Director-General Ngozi Okonjo Iweala and IFC Managing Director Makhtar Diop agreed to enhance cooperation between the two organizations in order to explore ways to improve the availability of trade financing.
UNIDO, Zambia sign five-year Programme for Country Partnership
30-11-2021 | 10:51:00
LI Yong, Director General of the United Nations Industrial Development Organization (UNIDO), and Chipoka Mulenga, Zambia's Minister of Commerce, Trade and Industry, signed a five-year Programme for Country Partnership (PCP).
Nokia and Ooredoo Group sign strategic 5-year agreement, including 5G
30-11-2021 | 08:41:00
The deal, which builds on Nokia’s global partnership with Ooredoo, will see Nokia expand Ooredoo’s existing network, as well as introduce new 5G services. The deployment is already underway and is expected to be completed by 2026 in all these countries.
AziNam acquires interests in Namibian offshore blocks
30-11-2021 | 08:38:25
AziNam Ltd. has successfully built up a substantial position in the emerging exploration province offshore Namibia, within the Walvis and Luderitz Basins.
[Madagascar] USAID launches new public-private partnership with chocolate and spices industry
30-11-2021 | 08:34:18
The United States Agency for International Development (USAID), on behalf of the American people, has launched a new $5.8 million, five-year, public-private partnership to strengthen Madagascar’s chocolate and spices industry, improve farmer livelihoods, and conserve biodiversity.
Eni and Snam launch partnership on gas pipelines between Algeria and Italy
30-11-2021 | 08:32:18
Eni and Snam have entered into an agreement for the sale by Eni to Snam of a 49.9% stake (directly and indirectly owned) in certain companies operating two groups of international gas pipelines connecting Algeria to Italy.
Business travel expected to fully recover by 2024, report
29-11-2021 | 11:30:19
The report provides a detailed analysis of business travel in 2021 with projections for 2022 and beyond, including post-COVID-19 recovery forecasts.
Golden Star announces receipt of Ghanaian Regulatory approval for Chifeng acquisition transaction
29-11-2021 | 11:26:55
Gold mining company Golden Star Resources Ltd has announced that the Ghanaian Ministry of Lands and Natural Resources has informed Chifeng Jilong Gold Mining Co., Ltd
Dutch development bank FMO partners with VC4A to launch a Ventures Lifecycle Support project across Africa
26-11-2021 | 13:40:00
FMO has partnered with VC4A to work with local partners across Africa to create a more efficient network of support for early-stage ventures.
Egypt takes over the Chair of COMESA
26-11-2021 | 13:35:00
Egypt is the new Chair of the COMESA Heads of State and Authority after taking over from Madagascar that has been steering the organization since 2016.
CDC appoints Thithi Kuhlase-Maseko as Head of Office and Coverage Director in South Africa
26-11-2021 | 13:30:00
CDC Group, the UK’s development finance institution (DFI) and impact investor, has appointment of Thithi Kuhlase-Maseko as its new South Africa Head of Office and Coverage Director.
Novartis launches virtual innovation hub to accelerate digital health solutions in sub-Saharan Africa
26-11-2021 | 10:19:58
The hub will focus on cross-sectoral partnerships to accelerate innovative approaches to increase affordable access to high-quality medicines and sustainably strengthen health systems.
Cambium Networks connects 60,000 Libyan customers to fixed wireless broadband technology
26-11-2021 | 10:15:00
The ePMP network is composed of more than 1,500 Access Points (AP) installed on more than 250 tower locations and serves densely populated urban and suburban locations.
Air and travel services provider dnata announces investment in Zanzibar aviation industry
26-11-2021 | 07:50:21
dnata will provide its globally renowned, quality ground and passenger handling services to airline customers at ZNZ, ensuring safe and timely operations of flights and an excellent travel experience for passengers. dnata expects to handle over 4,000 flights annually at the airport.
Verdant Capital advises WIOCC on $80 million equity capital raise
25-11-2021 | 10:52:00
$75 million of equity was invested by CAPE IV, a fund managed by leading African private equity fund manager African Capital Alliance. The balance was invested by management and an existing shareholder.
TerraPay partners with MTN Mobile Money Uganda to boost real-time international money transfers
25-11-2021 | 07:25:00
The partnership will enable MTN Mobile Money Uganda Limited in facilitating international digital cross border remittances and speedy money transfers to beneficiaries in regions such as India and China.
Lucky Egypt, Abu Dhabi Bank and Visa launch the Lucky Visa Platinum Credit Card in Egypt
25-11-2021 | 07:21:00
The protocol aims to facilitate obtaining a credit card for customers through the application with simple procedures. If approved, the credit card will be delivered to the customer.
DriveWealth collaborates with fintech startup Chipper Cash to introduce US equities in Uganda
25-11-2021 | 07:18:24
DriveWealth's real-time fractional trading technology and API-based brokerage infrastructure will enable the Ugandan population to gain affordable access to investing in U.S. equities for the first time.
The Ecobank Group secures €100 million credit facility from European Investment Bank to fund SMEs
25-11-2021 | 07:00:00
The facility affirms joint Ecobank Group and EIB targeted support for business investment across Africa, with particular support for the sectors most impacted by the COVID-19 pandemic.
Kenya Airways and South African Airways sign strategic partnership framework
24-11-2021 | 15:04:00
Kenya’s national carrier, Kenya Airways (KQ), signed a Strategic Partnership Framework with South African Airways (SAA), a key milestone towards co-starting a Pan African Airline Group by 2023.
African business leaders bet on tech to unlock the continent’s potential
24-11-2021 | 12:30:00
Business leaders across Africa are embracing changes that come with digital transformation, as Africa bets on technology to unlock its vast potential.
Telecom Egypt deploys Ciena’s optical tech on its MENA Cable to maximize capacity
24-11-2021 | 11:52:41
Ciena’s WaveLogic 5 Extreme gives Telecom Egypt the highest capacity per wavelength, which dramatically reduces the cost per bit, and provides the best-in-class spectral efficiency, highest bit rate per wavelength, space utilization efficiency, and power efficiency. T
ITFC signs $40m agreement with SONACOS to finance 2021/22 groundnut season in Senegal
24-11-2021 | 11:06:00
The International Islamic Trade Finance Corporation (ITFC), granted €40 million financing to Senegal National Groundnut Company (SONACOS), dedicated to post-Covid recovery of the Senegalese agriculture sector.
[Column] Titilayo Adewumi: West Africa’s circular economy efforts at the forefront of fostering a more sustainable future
24-11-2021 | 08:24:00
The vast majority of population growth across the continent will be concentrated in urban areas. WEF data indicates that more than 80% of Africa's population growth between now and 2030 will be in cities, with Lagos growing at a pace of 77 people every hour.
Unilever sells its tea business, ekaterra, to CVC Capital Partners Fund VIII for €4.5 billion
24-11-2021 | 08:22:07
Unilever has announced that it has entered into an agreement to sell its global Tea business, ekaterra, to CVC Capital Partners Fund VIII for €4.5 billion on a cash-free, debt-free basis.
AWS expands access to free cloud skills training on its mission to educate 29 million people by 2025
24-11-2021 | 08:16:24
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company has announced four initiatives to empower learners and make it even easier for anyone with a desire to learn to access free cloud computing skills training and unlock new career possibilities in the cloud.
Saudi Arabian Mining Company Ma'aden strengthens African presence with a new fertilizer terminal in Malawi
23-11-2021 | 09:53:00
The Liwonde Terminal is strategically located on the rail line connecting the Republic of Malawi to the deep-sea port of Nacala in the Republic of Zambia, allowing for high access to Ma’aden’s fertilizer products across central and southern Africa.
Mauritius positions itself as gateway to Africa for Indian businesses
23-11-2021 | 09:50:58
Mauritius is positioning itself as a gateway into the larger African continent by Indian businesses after the two countries signed an economic pact earlier this year.
World Bank approves $570m to address food insecurity, boost resilience of food systems in West Africa
23-11-2021 | 09:21:00
Four million people across West Africa stand to benefit from a new multi-phase regional program that will complement and enhance ongoing efforts to reduce food insecurity and improve the resilience of food systems.
[Column] Charity Migwi: Climate Action: Pending the 11th hour
23-11-2021 | 07:43:58
As excessive floods, severe drought, and famine continue to be experienced in different parts of the world, global leaders remain largely unfazed as regards making ambitious climate targets.
Kenya set to resume mango exports to European Union after a 7 year ban
23-11-2021 | 07:39:33
A team comprised of Government regulatory Agencies as well as the Private Sector in the horticulture sector have met and discussed with counterparts from the European Union (EU) and EU private sector equivalents on possible resumption of Mango export to the European Union after a self·ban of seven years.
Eni to support the development of Libya’s oil and gas prospects
23-11-2021 | 07:36:53
Eni has invested over $10 billion to date into the development and exploration of Libya’s abundant natural resources and has historically maintained its commitment to the prosperity of Libya’s people.
ENOC signs agreement with Royal Marine Services to distribute lubricants in Egypt
22-11-2021 | 12:32:08
The agreement will enable Royal marine services to distribute ENOC’s marine lubricants in Egypt boosting the Group’s lubricants presence in a thriving market.
[South Africa] JIS partners with global investor relations firm Orient Capital to offer investor relations-focused services
22-11-2021 | 12:27:04
Announcing the deal, JSE’s Director for Capital Markets, Valdene Reddy says Orient Capital will provide a broad range of investor relations-focused services including shareholder analytics and shareholder engagement tools for JIS clients.
Cairo among the most popular air travel destinations in MENA region, Wingie research
22-11-2021 | 12:24:00
Wingie, a Germany-based flight-booking website, has released new data on changing trends pertaining to air travel in the Middle East and North Africa (MENA).
FMO partners with Northern Arc Capital to support young, female, migrant and COVID19-affected entrepreneurs
22-11-2021 | 08:41:06
NASIRA is a risk sharing facility provided by FMO for local financial institutions lending to underserved segments.
Afreximbank signs $50 million new debt financing for the Geometric Power IPP Power Project
22-11-2021 | 08:35:21
The facility provided by Afreximbank to Geometric Power Limited will finance the initial capital required to acquire rights to the Aba Ring Fenced Area.
Western Union and Mastercard expand global partnership
20-11-2021 | 07:39:38
The Western Union Company, a global player in cross-border, cross-currency money movement and payments, and Mastercard, a global technology company in the payments industry, have bolstered their decade-long strategic partnership.
Kenyan horticulture sector stares at job losses, revenue dip with pesticides ban
19-11-2021 | 11:00:00
Kenya’s Sh153 billion, approximately $1.4 billion, horticulture industry is staring at collapse if a new bill introduced in parliament seeking a blanket ban on pesticides is passed.